There are web solutions for a range of different budgets.

When setting a budget for your online business plan consider both the establishment costs and the ongoing costs of your web solution.

Establishment costs to design and deliver your project may include:

  • Developing your requirements or a  functional specification document.
  • Content development costs.
  • Website building costs.
  • Marketing costs.
  • The services of legal professionals.

Operating costs include all on-going expenses such as:

  • Hosting—this is either a fixed or flexible cost, depending on factors such as  bandwidth usage. For more information, see ‘Hosting your website‘.
  • Licensing—make sure that you fully understand the fees for any  licensed images or licensed software that you are using.
  • Online service fees—these might include fees and charges related to e-commerce services or search engine optimisation services.
  • Ongoing content management—it is important that your  content is kept up-to-date. Any  social media element of your project is likely to require effort to moderate and/or respond to user contributions.
  • Ongoing technical maintenance—it will be important to make sure that the software you use for your project is up-to-date and reflects improvements and developments in technology.
  • Marketing—investing in marketing for your online presence can help you get the most out of your investments.

You can use the following tables to help you with finding an online solution that both meets your goals and fits within your budget.

A comparison of the costs and benefits of different standalone online solutions
Business card website
Online solution Estimated cost Estimated time Potential benefits
DIY – free website package Free (plus hosting and domain rental) 2-3 days An economical and quick way to create an online presence.
Template-based site – website creation company $400–$600 (plus hosting and domain rental) 2-3 days
Custom site – website creation company $1 000–$2 000 (plus hosting and domain rental) 3-5 days

 

Folio website
Online solution Estimated cost Estimated time Potential benefits
DIY – free  website package Free (plus hosting and domain rental) 3-10 days You can allow people to view your body of work online.
This particularly relevant for people who work in creative industries.
Template-based site – website creation company $1 000–$2 000 (plus hosting and domain rental) 3-5 days
Custom site – website creation company $5 000–$20 000 (plus hosting and domain rental) 2-4 weeks

 

Brochure website
Online solution Estimated cost Estimated time Potential benefits
DIY – free  website package Free (plus hosting and domain rental) 3-10 days You can put your range of products and/or services online for customer browsing. However, customers cannot purchase from you online.
Template-based site – website creation company $1 000–$2 000 (plus hosting and domain rental) 3-5 days
Custom site – website creation company $5 000–$20 000 (plus hosting and domain rental) 2-4 weeks

 

e-Commerce website
Online solution Estimated cost Estimated time Potential benefits
DIY – free website package Free (plus hosting and domain rental) 1-2 weeks You can sell products and services and collect donations online.You gain access to a larger range of features than you would get if you used an online marketplace store. Can be tailored to your specific needs it can be.
Template-based site – website creation company $1 800–$4 000 (plus hosting and domain rental) 1 week
Custom site – website creation company $10 000–$80 000 (plus hosting and domain rental) 1-3 months

 

A comparison of the costs and benefits of different 
online solutions that use existing websites
Online solution Estimated cost Estimated time Potential benefits
Facebook page Free (option topay to promoteadvertising). 1-5 days plus ongoing content & moderation At no cost to use, you can put your contact details and a description of your organisation. Potential word-of-mouth promotion of your organisation.
You can also buy onsite advertisements.
Google Places entry Free. 1-5 days A complete listing for your organisation, including contact details, opening hours, photos and videos, that appears on Google Maps.
An increasing number of smartphone owners rely on Google Maps for directions.
Twitter account Free. 1-5 days plus ongoing content & moderation Can improve your organisation’s public image, provide customer service and publish micro-blog posts. Potential word-of-mouth promotion.
You can also pay to promote your account and/or your posts.
LinkedIn account Free. 1 day Increase traffic to your website, boost your organisation’s credibility with reviews, build a clear picture of the key players in your industry and keep up with industry developments.
Online marketplace store Free. 1 day plus ongoing commitment Sell products and services and collect donations online, without creating your own e-commerce-enabled website.